Rangers have confirmed they will face rivals Celtic in the Sydney Super Cup in November.
The Ibrox side have broken their silence on the controversial venture after fans of both clubs reacted angrily to the rivals competing in a friendly in Australia.
The exhibition event will also feature A-League sides Sydney FC and West Sydney Wanderers.
On Tuesday night, Rangers said they were working on their plans for the November international break and would neither confirm nor deny their involvement in the event Down Under as a veil of secrecy was drawn around Ibrox after their rivals had broken cover.
But now the the Premiership champions have officially announced their involvement after news confirming details was released by the competition organisers in the early hours of Wednesday.
An Ibrox statement said: "Rangers will return to Australia this November with the club delighted to have accepted an invitation to the inaugural Sydney Super Cup, which will include the first ever international Old Firm fixture.
"With domestic action taking an extended break for the FIFA World Cup in Qatar, the Light Blues will travel Down Under for two hugely exciting matches in front of what is sure to be an outstanding Rangers support of both locals and those travelling from further afield.
"Gers kick-off with a clash against Western Sydney Wanderers on Wednesday, November 16.
"Then, on Sunday 20 November, they will take part in the first Old Firm match to take place outside of Glasgow, with Celtic the opposition.
"Both matches will be played at the hugely impressive Accor Stadium, which is best-known for hosting athletics events and the ceremonies at the Sydney 2000 Olympics. It has since been remodelled and hosts a variety of different sports in front of a capacity of 83,500.
" Rangers enjoy a phenomenal following across the globe with vast support in regions such as North America, Australia, the Far East and the Middle East, amongst many others. Rangers recently entered strategic club partnerships in the USA, India & Germany, and opened a world leading Rangers Soccer Academy in Abu Dhabi.
"The club has an estimated three million supporters globally and registered supporters clubs alone have grown beyond 650. Australia is home to the Oceania Rangers Supporters Association (ORSA), which includes supporter clubs from throughout the Oceania Region and beyond.
"Backed by the NSW Government through its tourism and major events agency Destination NSW, alongside event promoters TEG Sport, Left Field Live and VenuesLive, the event will mark the return of major global events to Sydney’s shores as NSW continues to lead the way in hosting major sport and entertainment events."